SOURCE: Crossroads Systems

Crossroads Systems

February 24, 2010 09:43 ET

Crossroads Systems Announces Steven Ledger as New Member of Its Board of Directors

AUSTIN, TX--(Marketwire - February 24, 2010) - Crossroads Systems, Inc. (PINKSHEETS: CRDS), a global leading provider of solutions to connect, protect, secure and restore data, today announced the appointment of Steven Ledger as a new member of its Board of Directors.

With more than 26 years of experience in the financial services industry, Ledger is the Founder and Managing Partner at Tamalpais Partners. He previously served as co-founder and managing partner of eCompanies Venture Group where he managed an Internet focused, strategic venture capital fund with investors that included Sprint, Disney, Earthlink and Sun America.

Prior to founding eCompanies Venture Group, Ledger was managing partner and portfolio manager at San Francisco Investment Group and Kayne Anderson Investment Management. He began his career at Fidelity Management and Research as an equity research analyst and portfolio manager. Ledger is a graduate of the University of Connecticut.

"Crossroads Systems is pleased to announce Steven Ledger as a new Board Member," said Rob Sims, President and CEO of Crossroads Systems. "Steven's extensive financial background will serve as a key asset for Crossroads as it continues its transition into a comprehensive data protection company."

About Crossroads Systems, Inc.

Headquartered in Austin, Texas, Crossroads Systems is a global leading provider of solutions to connect, protect, secure and restore data. Crossroads (PINKSHEETS: CRDS) trades over-the-counter on Pink Sheets and posts its financial disclosure reports, press releases and other related documentation on the OTCIQ Web service of the Pink Sheets Web site. Visit www.crossroads.com.

Forward-Looking Statements

This release may include forward-looking statements. The words "believe," "expect," "intend," "plan," "project," "will" and similar phrases as they relate to Crossroads are intended to identify such forward-looking statements. These statements reflect the current views and assumptions of Crossroads and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations.

©2010 Crossroads Systems, Inc. Crossroads and Crossroads Systems are registered trademarks of Crossroads Systems, Inc. All specifications are subject to change without notice.

Contact Information

  • Corporate Contact:
    Anyck Turgeon
    Crossroads Systems
    Email Contact
    512.928.7006

    Press Contact:
    Matthew Zintel
    Zintel Public Relations
    Email Contact
    317.848.8804